Another "Mr. Mortgage" video- and he’s saying the new jumbos from Fannie and Freddie are a bust:
He’s right about home prices- they still need to come down.
Northern Virginia Housing Bubble Fallout
Ohio Fraudclosure
Bubble Meter
Mish's Global Economic Analysis
UK House Bubble
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I have been saying all along that the “bailouts” will not do much to help the housing crisis. . .this thing will just have to play itself out with falling prices and a recession. . .Japan learned the hard way and it took them over 10 years. . .if we just let the market take its toll, we can probably get through this in a year or so – we will all suffer in one way or another, but it has to be done.